22949 Kuykendahl Road, Tomball, TX, 77375
7-Eleven
Key Information
Highlights
• Corporate-Guaranteed Lease: Lease is guaranteed by 7-Eleven, Inc. (S&P: A-), providing investment-grade credit backing regardless of the operator on site.
• Absolute Net Lease: Zero landlord responsibilities, tenant responsible for roof and structure.
• Long-Term Remaining Lease: Over 11 years remaining on the primary term, with five, 5-year renewal options.
• Built-In Rent Growth: 7.5% rental increases every five years and 7.5% in options, providing a hedge against inflation.
• 2021 Construction: Modern ±4,750 SF building with a single-row canopy, 8 fueling positions, and 16 pumps on ±1.47 acres.
• High-Growth Houston Submarket: Located at the signalized intersection of Kuykendahl Rd and Dowdell Rd (combined ±40,373 VPD), minutes from Grand Parkway Toll Road (±80,022 VPD).
• Strong Demographics: 177,112 residents and 145,707 employees within a 5-mile radius; average household income of $143,129.
• Dense Retail Trade Area: Surrounded by Target, TJ Maxx, Burlington, Home Depot, Kroger Marketplace, CVS, and Grand Parkway Marketplace (75-acre development).
• Fee Simple Ownership: Potentially eligible for bonus depreciation — consult your CPA or tax professional.
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